ITA Airways Soars in 2024 With Strong Growth and Fleet Boost

ITA Airways powered through 2024 with impressive momentum, setting new records in revenue, operations, and fleet expansion. Despite a volatile global aviation market, the airline not only improved its commercial and operational outcomes but also did so without support from major partners. Consequently, ITA Airways reported strong financial gains, particularly in revenue and earnings before interest and taxes (EBIT), reflecting effective strategy and execution.

In fact, the airline generated 3.1 billion euros in revenue, marking a sharp 26% rise over 2023. Passenger travel was the primary driver of this income, showcasing the airline’s expanding market reach. Furthermore, alongside this revenue surge, ITA Airways also achieved a positive EBIT of 3 million euros. This shift confirmed the airline’s growing ability to operate profitably and sustainably.

Nevertheless, the airline did report a net loss of 227 million euros. Currency conversion losses and significant fleet investments impacted the final net figure. However, a strong cash position and high passenger growth helped balance these financial setbacks. As a result, the airline transported 18 million passengers and ran over 138,000 scheduled flights, marking a significant step forward in demand and reach.

To further solidify its position, ITA Airways expanded its fleet by adding 26 new aircraft in 2024. Consequently, the total fleet reached 99 aircraft by year-end. Over 65% of the planes are next-generation models. This modern fleet not only improves fuel efficiency but also reduces costs, supporting the airline’s global growth. Thus, ITA Airways now holds a larger share of the domestic market while improving its international presence.

Looking ahead, ITA Airways kept up its momentum in early 2025. First-quarter revenue jumped by 15%, and punctuality rates ranked among Europe’s best. With increasing revenue, better performance, and strong future plans, ITA Airways remains on track to dominate the skies with precision and purpose.

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